Jentech Precision Industrial Co (TPE:3653) Cyclically Adjusted PB Ratio: 73.60 (As of Sep. 09, 2026) — 717% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:3653 Jentech Precision Industrial Co Ltd TPE:3653
78 GF Score
Price NT$5,550.00
GF Value NT$2,468.32
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Jentech Precision Industrial Co Cyclically Adjusted PB Ratio?

Jentech Precision Industrial Co TPE:3653 -1.86% 78 Cyclically Adjusted PB Ratio is 73.60 as of Sep. 09, 2026, which is 717% above its 10-year median of 9.01. GuruFocus rates TPE:3653 with a GF Score™ of 78/100 and a GF Value™ of NT$2,468.32 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,929 Hardware companies, Jentech Precision Industrial Co ranks worse than 99.59% on this metric.

As of today (2026-09-09), Jentech Precision Industrial Co's current share price is NT$5550.00. Jentech Precision Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$75.41. Jentech Precision Industrial Co's Cyclically Adjusted PB Ratio for today is 73.60.

The historical rank and industry rank for Jentech Precision Industrial Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:3653' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3   Med: 9.01   Max: 77.91
Current: 77.91

During the past years, Jentech Precision Industrial Co's highest Cyclically Adjusted PB Ratio was 77.91. The lowest was 3.00. And the median was 9.01.

TPE:3653's Cyclically Adjusted PB Ratio is ranked worse than
99.59% of 1929 companies
in the Hardware industry
Industry Median: 2.07 vs TPE:3653: 77.91

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Jentech Precision Industrial Co's adjusted book value per share data for the three months ended in Jun. 2026 was NT$160.687. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is NT$75.41 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jentech Precision Industrial Co  (TPE:3653) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Jentech Precision Industrial Co Cyclically Adjusted PB Ratio Related Terms


Jentech Precision Industrial Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Jentech Precision Industrial Co's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Jentech Precision Industrial Co Cyclically Adjusted PB Ratio Chart

Jentech Precision Industrial Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.15 7.59 14.25 25.66 40.23

Jentech Precision Industrial Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.87 36.66 40.23 52.83 45.48

TPE:3653 vs APH, GLW, TEL: Cyclically Adjusted PB Ratio Comparison

For the Electronic Components subindustry, Jentech Precision Industrial Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jentech Precision Industrial Co Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Jentech Precision Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jentech Precision Industrial Co's Cyclically Adjusted PB Ratio falls into.


TPE:3653
78GF Score
Jentech Precision Industrial Co Ltd TPE:3653
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jentech Precision Industrial Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Jentech Precision Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5550.00/75.41
=73.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Jentech Precision Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Jentech Precision Industrial Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=160.687/333.9520*333.9520
=160.687

Current CPI (Jun. 2026) = 333.9520.

Jentech Precision Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 36.319 241.428 50.238
201612 37.054 241.432 51.254
201703 36.737 243.801 50.321
201706 35.814 244.955 48.826
201709 36.860 246.819 49.872
201712 37.065 246.524 50.210
201803 37.524 249.554 50.214
201806 37.623 251.989 49.860
201809 40.456 252.439 53.519
201812 40.769 251.233 54.192
201903 47.408 254.202 62.281
201906 41.942 256.143 54.683
201909 42.920 256.759 55.824
201912 44.457 256.974 57.774
202003 46.312 258.115 59.919
202006 43.559 257.797 56.427
202009 45.150 260.280 57.930
202012 48.524 260.474 62.212
202103 49.848 264.877 62.847
202106 46.489 271.696 57.141
202109 49.596 274.310 60.379
202112 52.653 278.802 63.068
202203 50.714 287.504 58.907
202206 54.895 296.311 61.868
202209 62.314 296.808 70.112
202212 70.340 296.797 79.146
202303 65.214 301.836 72.153
202306 73.653 305.109 80.616
202309 78.248 307.789 84.899
202312 81.509 306.746 88.738
202403 77.521 312.332 82.887
202406 88.061 314.175 93.604
202409 93.834 315.301 99.385
202412 101.220 315.605 107.104
202503 96.398 319.799 100.664
202506 107.130 322.561 110.913
202509 133.583 324.800 137.347
202512 157.640 324.054 162.455
202603 144.358 330.213 145.993
202606 160.687 333.952 160.687

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 73.60 mean?
Jentech Precision Industrial Co (TPE:3653) has a Cyclically Adjusted PB Ratio of 73.60 as of Sep. 09, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Jentech Precision Industrial Co and its competitors. This is 717% above median its historical median of 9.01. Over the past decade, Jentech Precision Industrial Co's Cyclically Adjusted PB Ratio has ranged from 3.00 to 77.91. According to the industry distribution chart, Jentech Precision Industrial Co ranks #1921 out of 1929 companies in the Hardware industry, placing it in the top 99.6%.
Is Jentech Precision Industrial Co's Cyclically Adjusted PB Ratio too high?
Jentech Precision Industrial Co's current Cyclically Adjusted PB Ratio of 73.60 is 717% above median its 10-year median of 9.01. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 77.91. The Hardware industry median Cyclically Adjusted PB Ratio is 2.07. Jentech Precision Industrial Co's value of 73.60 is 3455.6% above this industry median. Based on the distribution chart, Jentech Precision Industrial Co ranks #1921 out of 1929 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Jentech Precision Industrial Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jentech Precision Industrial Co's Cyclically Adjusted PB Ratio compare to APH and GLW?
According to the Hardware industry distribution chart, Jentech Precision Industrial Co ranks #1921 out of 1929 companies for Cyclically Adjusted PB Ratio. This places Jentech Precision Industrial Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.07. Jentech Precision Industrial Co's value of 73.60 is 3455.6% above this benchmark. Historically, Jentech Precision Industrial Co's own Cyclically Adjusted PB Ratio has ranged from 3.00 to 77.91 over the past decade. While the company's 10-year median is 9.01 vs. the industry median of 2.07, Jentech Precision Industrial Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Hardware company?
The median Cyclically Adjusted PB Ratio among Hardware companies is 2.07, based on 1,929 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jentech Precision Industrial Co's current Cyclically Adjusted PB Ratio of 73.60 is 3455.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Jentech Precision Industrial Co and its competitors. For the Hardware industry, the median Cyclically Adjusted PB Ratio is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jentech Precision Industrial Co's current Cyclically Adjusted PB Ratio is 73.60, which is 717% above median its own 10-year median of 9.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jentech Precision Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Jentech Precision Industrial Co (TPE:3653) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$2,468.32, compared to a current price of NT$5,550.00 — trading 124.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 73.60, which is 717% above median its 10-year median of 9.01 and 3455.6% above the Hardware industry median of 2.07. Jentech Precision Industrial Co's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Jentech Precision Industrial Co (TPE:3653), the current Cyclically Adjusted PB Ratio is 73.60 as of Sep. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Jentech Precision Industrial Co (TPE:3653) Overvalued in 2026?

Based on GuruFocus' analysis, Jentech Precision Industrial Co stock appears to be overvalued. The current stock price of NT$5,550.00 is trading 124.8% above its estimated GF Value™ of NT$2,468.32. GuruFocus considers Jentech Precision Industrial Co to be Significantly Overvalued.

Key valuation signals for TPE:3653:

  • Cyclically Adjusted PB Ratio: 73.60 (717% above median its 10-year median of 9.01)
  • GF Value™: NT$2,468.32 vs. price of NT$5,550.00 (124.8% above fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 3455.6% above the Hardware median (#1921 of 1929)

No single metric tells the full story. See the TPE:3653 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jentech Precision Industrial Co Business Description

Address No. 40 , Keji 1st Road, Gueishan Township, Taoyuan, TWN, 333
Jentech Precision Industrial Co Ltd is engaged in manufacturing and processing of precision toolings and trading of their materials; manufacturing, processing and trading of metal components of electrical appliances, electronics, and computers; manufacturing, processing and trading of hardware machinery and its components; metal forging and processing of surface treatment. The companies reportable operating segments are semiconductor business group and others. The majority of the revenue is earn from semiconductor business group.
78GF Score

Get the complete analysis for TPE:3653

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$5,550.00
Price
NT$2,468.32
GF Value